All Posts Tagged With: "Florida Property"

Recovery in Sight in the Sunshine State of Florida

Florida Lake Berkley formby front Recovery in Sight in the Sunshine State of FloridaThis week Forbes Traveler magazine named Orlando Florida as North America’s top vacation spot in its newest ranking of destinations in the US, Canada, Mexico and the Caribbean. The USA’s most popular holiday destination is also seeing increased demand from buying foreign propertys as Florida property prices also happen to be at rock bottom right now.

“Both enquiries and sales are up”, says Lee Weaver of the Orlando-based British Homes Group, a company set up by Brits for Brits considering buying property in Florida. “These are clear indicators that the market is recovering. While the national housing bust has devastated property values, it has also created some outstanding bargain opportunities for would-be home buyers – if you know where to look.”

Hurricanes Cause Concern for Foreclosed Properties

Foreclosed properties in the Florida area are becoming a cause for concern as the hurricane season approaches.

Unoccupied houses will not be secured against hurricanes, such as having their garage doors battened down and having their shutters closed. Many are worried that unsecured properties may damage properties around them thanks to flying debris and glass and experts are worried that hurricane insurance may not be honoured in these circumstances.